The cash flow statements for retailing giant BigBox, Inc. spanning the period 20102013 are as follows: Answer

The cash flow statements for retailing giant BigBox, Inc. spanning the period 2010–2013 are as follows:

Answer the following questions using the information found in these statements:
a. Does BigBox generate positive cash flow from its operations?
b. How much did BigBox invest in new capital expenditures over the last four years?
c. Describe BigBox’s sources of financing in the financial markets over the last four years.
d. Based solely on the cash flow statement for 2010 through 2013, write a brief narrative that describes the major activities of BigBox’s management team over the last fouryears.

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12/31/2013 12/31/2012 12/31/2011 12/31/2010 In Millions of U.S. Dollars Net income Depreciation expense Changes in working capital $ 13,000 12,000 11,000 10,000 4,000 1,000 Cash from operating activities 20,700 20,600 18,400 15,000 6,500 1,200 6,300 2,300 5,000 2,400 Capital expenditures (16,000) (14,500) (14,000 12,300) Cash from investing activities (16,000) 14500) 14,000 12,300) Interest and financing cash flow items (350)(250) (350) 100 (3,600 2,800 (2,500) 2,200) Total cash dividends paid Issuance (retirement) of stock Issuance (retirement) of debt (8,000 ,500 3,600) (4,500) 1,500 (100 4,000 4,100 Cash from financing activities450 (2450 2,500) Net change in cash S (5,750 1,450 1,950 200